Cadeler A/S (OTCMKTS:CADLF) Stock Price Down 19.5% – Time to Sell?
by Sarita Garza · The Markets DailyShares of Cadeler A/S (OTCMKTS:CADLF – Get Free Report) were down 19.5% during trading on Wednesday . The stock traded as low as $4.44 and last traded at $4.44. Approximately 250 shares changed hands during trading, a decline of 83% from the average daily volume of 1,500 shares. The stock had previously closed at $5.5160.
Cadeler A/S Stock Performance
The company’s 50-day moving average price is $5.05 and its 200 day moving average price is $5.14.
Cadeler A/S Company Profile
Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm construction, maintenance, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels.
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